Which of the following Fed actions would both increase the money supply?
a. buy bonds and raise the reserve requirement
b. buy bonds and lower the reserve requirement
c. sell bonds and raise the reserve requirement
d. sell bonds and lower the reserve requirement
Ans: b. buy bonds and lower the reserve requirement
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An increase in a fixed exchange rate from $2.00 per pound to $2.10 per pound is called a(n) ________ of the pound
A) devaluation B) appreciation C) revaluation D) depreciation
________ a nation's production possibilities frontier represents economic growth
A) Moving up along B) An outward shift of C) An inward shift of D) Moving down along
A demand-pull inflation spiral results when
What will be an ideal response?
Suppose that an industry has a Herfindahl-Hirschman index of 2,000 . Two firms have proposed a merger. Firm A has a current market share of 9 percent. Firm B has a market share of 5 percent
Will the Justice Department challenge the merger? Explain.